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INFOSYS WINDFALL GAINS
Play power theme with 3 stocks for next one year; IT largecaps to do well: Rahul ShahRahul Shah analyzes the market performance post Q3 earnings, highlighting the success of largecap IT stocks like TCS and Wipro. He suggests...
Infosys set to receive Rs 6,300 crore tax refund gainInfosys received Rs 6,329 crore in tax refunds for 11 years but faces a Rs 2,763 crore tax demand for 2022-23. Various subsidiaries also de...
Sensex ekes out 44-point gains on IT boost, strong US dataFrom the Sensex pack, Tech Mahindra was the top gainer, rising over 5%. Nestle India, Tata Steel, NTPC, TCS Asian Paints, Wipro and Infosys...
Sensex, Nifty open in the red amid weak global cuesIn the Sensex pack, Sun Pharma, Reliance, Maruti, HUL and M&M were the top laggards, falling about 0.5%. Bharti Airtel, HCL Tech, HDFC, Inf...
As Nifty50 rebounds from 1-year lows, heavyweight RIL has little to contributeOne of the major factors resulting in the underperformance of this heavyweight stock has been the imposition of windfall gains tax on domes...
Sensex climbs 600 points, Nifty tops 16,500; RIL jumps 3%, Tata Steel 2%At 9.19 am, the BSE Sensex was trading 619.97 points or 1.13 per cent higher at 55,387.59. Nifty50 was trading at 16,525.85, up 185.30 poin...
Sensex extends gains to 3rd day, rebounds 246 pts; Nifty ends above 16,300Gains in realty, metal and banking stocks helped the benchmark indices recover from opening lows. The 30-share pack Sensex advanced 246.47 ...
Rushing to stock up IT shares amid falling rupee? Here’s why it may not be a good contra bet in this market"The cost for IT companies has increased due to higher attrition rate, inflated compensation and increased travelling cost which have hurt ...
Can expect 15%-20% gain in next one year if one enters Reliance now: Daljeet Singh Kohli“The last few days were abuzz that some kind of tax was comingThe market was aware that the spreads are gaining and Reliance will make bump...
TCS: December quarter numbers, growth outlook hint at better days despite euro debt crisisIn the TTM to Dec 2011, TCS accounted for 65% or nearly two-third of the incremental revenue. The share of Infosys, on the other hand, fell...
- Reliance Industries profit may fall 22% on quarter: Credit Suisse
Credit Suisse expects RIL's Oct-Dec earnings to decline 22% on quarter to Rs 4450 crore due to poor refining margins.
Infosys cautious about global IT demand; Wipro, TCS, Cognizant optimisticWhile, Infosys is cautious. Tata Consultancy Services (TCS), Cognizant and Wipro were very optimistic on demand for IT products.
IT firms such as Infosys, Mindtree & others not enthused by rupee fall, call it short-term gainIndia's $70 billion IT-BPO industry, for the first time, is not so exuberant about small gains in operating margins due to a Rupee fall.
- PE investor ChrysCapital exits Infosys with 129% gain
ChrysCapital made a blockbuster exit, estimated at $400 million, more than double its investment of $175 million made in Infosys less than ...
- Infosys may post higher net despite Re swings
The country’s second-biggest IT exporter will declare its fourth quarter results on Tuesday. According to an average of analyst estimates, ...
- Infosys likely to post higher net despite currency swings
Information technology bellwether, Infosys, will most likely weather the impact of adverse cross currency movements in the March 2010 quart...
- BPOs no more poor cousins to software
After WNS, BPOs like EXL, Genpact plan to list their shares soon. WNS staff gained Rs 250cr from ESOPs.